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Author Topic: Investment in gambling  (Read 1541 times)
vs2014
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June 23, 2024, 06:17:46 PM
 #261

We are just investing for nothing to get in return because this is not the place to make money nor become a source of living that we can depend on. Gambling is something we need to be more careful with because once we get addicted, we can no longer experience happiness anymore but regrets. I know gambling is not bad and a good place to stay but we should also need to control our gambling habits. Many people find themselves away from it because they let their emotions take them away from doing it right instead, they let their greed grow and control them. Gambling makes someone stupid and suffers big losses because of the wrong mindset.

Investing in gambling is not a good habit. It's called the place of Hell where everyone loses his vast money. It's not a good practice to earn more overnight. If someone wants to be wealthy overnight, then they want to invest in gambling but it's not the perfect way to rich from here.

Gambling is the activity of the Devil. If someone is tempted by the Devil then his or her life will be undergoes from their peaceful life.
Buried with you because gambling money is not money if it is not immediately invested somewhere. Because when someone wins from gambling, he will bet again because he wants to be absolutely rich. On the other hand gambling is analyzed for religious reasons because it is not acceptable for all religions. As if you are a Muslim then refrain from gambling because it is forbidden for you. But rich people are considering it as addiction so they are gambling with glee.

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Wakate
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June 23, 2024, 06:25:43 PM
 #262

Most people know that gambling is a risky business where people invest most of the time they lose their money. Again there are some people who choose this gambling as their entertainment mainly rich people do this. Again many people choose gambling as their place of earning with future thinking plan but most people are unable to earn here.

That's what healthy gambling is supposed to be - something you do either for fun or to make a side profit when you see a good opportunity.
It's not meant to be a mean of making a living (maybe except for things like poker, which I consider to be a skill-game not gambling).
All odds would usually be stacked against you, so being profitable is not easy, and earning enough to have a steady and reliable income is a whole different thing, even if it was possible, the inherent, daily stress and constant uncertainty would be too much for a regular person to handle. 
Everything about gambling is opportunity and luck. Sometimes we might have staked hood games with high confidence that we are going to make money from them but things could happen and we might not make sure money due to many things. Understanding is very important in gambling if we want to keep winning, we should not always expect to be making money from gambling. Sometimes we might try to much and still not make money. Gambling could look easy to others especially when they are seeing us making money from our gambling investments. Anything can happen in gambling and we should be ready to take the risk and bear the loses.

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June 23, 2024, 07:03:51 PM
 #263

Some of my friends are gamblers, I always advise them to do trading instead of gambling and losing, they tell me that trading is just like gambling, so I always try to explain it to them. Trading is different from gambling, in gambling, you lose all your money at once, you don't need any experience or education, instead learn to trade and trade, and you lose your money for some time. You may lose, but there is a chance that you will get double your money.
There are other things that you may not have explained, because trading has two goals, short-term trading or long-term trading, sometimes gamblers don't like long-term things, let alone short-term trading is difficult, that's why it's difficult to change their gambling habits. to learn to trade, I have tried this many times but it is no use, especially if our friends are already heavily addicted to gambling, it will definitely be very difficult, even though in fact they are also looking for winnings at gambling, not necessarily making a profit in the short term either.

But stupidly they want to gamble every day just to look for profits which is actually not much different from waiting time like trading and investing in the long term, for some reason most gamblers don't realize this even though they always think trading is the same as gambling, because it carries the risk of losing the same thing even though they don't lose their money, only the value goes down, whereas if they stick with what they invested they could get profits of more than thousands of percent when the market is bullish, it's just a matter of time, but here the gamblers still think trading is something who waste their time even though it is no different from gambling.  Wink

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vs2014
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July 12, 2024, 05:30:24 PM
 #264

You can't call investment as gambling in simple words because if you lose from gambling you will lose money but you will get some money even if you don't make profit from investment. Betting in gambling means you double your money or you lose outright a percentage of your money is gone. But if you do good research and invest good results can come. Moreover, even if there is no profit from the investment your money amount will not be lost completely. I never deliberately try to invest in something that probably won't pay off well in the future.

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July 12, 2024, 06:14:24 PM
 #265

Some of my friends are gamblers, I always advise them to do trading instead of gambling and losing, they tell me that trading is just like gambling, so I always try to explain it to them. Trading is different from gambling, in gambling, you lose all your money at once, you don't need any experience or education, instead learn to trade and trade, and you lose your money for some time. You may lose, but there is a chance that you will get double your money.
There are other things that you may not have explained, because trading has two goals, short-term trading or long-term trading, sometimes gamblers don't like long-term things, let alone short-term trading is difficult, that's why it's difficult to change their gambling habits. to learn to trade, I have tried this many times but it is no use, especially if our friends are already heavily addicted to gambling, it will definitely be very difficult, even though in fact they are also looking for winnings at gambling, not necessarily making a profit in the short term either.

But stupidly they want to gamble every day just to look for profits which is actually not much different from waiting time like trading and investing in the long term, for some reason most gamblers don't realize this even though they always think trading is the same as gambling, because it carries the risk of losing the same thing even though they don't lose their money, only the value goes down, whereas if they stick with what they invested they could get profits of more than thousands of percent when the market is bullish, it's just a matter of time, but here the gamblers still think trading is something who waste their time even though it is no different from gambling.  Wink
Trade is about market awareness, pattern recognition, and wise decision-making. It's intellectual, profound. Unlike gaming, which is just hoping for luck. Though it's merely a toss of the dice, you can try to strategize all you wish. People mistakenly mix the two quite a lot

Still, you know, maybe gamblers could teach us something. Their readiness to take chances reveals their awareness of the fact that life itself is uncertain. Though I'm not advocating you should toss all your money away, perhaps value their present-moment awareness of the excitement of the game. It's about striking a long-term perspective to balance that. That's the secret, man

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July 12, 2024, 06:15:52 PM
 #266

Most people know that gambling is a risky business where people invest most of the time they lose their money. Again there are some people who choose this gambling as their entertainment mainly rich people do this. Again many people choose gambling as their place of earning with future thinking plan but most people are unable to earn here.

That's what healthy gambling is supposed to be - something you do either for fun or to make a side profit when you see a good opportunity.
It's not meant to be a mean of making a living (maybe except for things like poker, which I consider to be a skill-game not gambling).
All odds would usually be stacked against you, so being profitable is not easy, and earning enough to have a steady and reliable income is a whole different thing, even if it was possible, the inherent, daily stress and constant uncertainty would be too much for a regular person to handle. 
Everything about gambling is opportunity and luck. Sometimes we might have staked hood games with high confidence that we are going to make money from them but things could happen and we might not make sure money due to many things. Understanding is very important in gambling if we want to keep winning, we should not always expect to be making money from gambling. Sometimes we might try to much and still not make money. Gambling could look easy to others especially when they are seeing us making money from our gambling investments. Anything can happen in gambling and we should be ready to take the risk and bear the loses.

You have said something right that gambling is about chance and luck, meaning you cannot say that understanding is the key to continuing to win, because there is nothing that can be understood to produce more wins, and as you have said above that gambling is opportunity and luck, I will explain it, which means that opportunity is something that has no certainty in the sense that only when luck comes at the right time will you be able to win.

What this means is that even if, for example, you understand the various ways that you think can bring you a win, it still won't affect the results of your gambling, in the end, if you are not lucky then you will lose, and also logically if there is something like the understanding that you have. Mention what you think can produce continuous wins, then of course gamblers will try to achieve that ability so that they can always win continuously, but in reality I don't see any of them becoming rich in the long term from the results of their involvement. from gambling, and actually what happens is the opposite where most gamblers experience losing large amounts of money. Gambling is a random game where there is no method or understanding that can be used as a guarantee of victory, and it also doesn't matter how often or how rarely you gamble, in the end the result will never be known, and this is why we say that gambling depends on luck.

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July 12, 2024, 06:22:28 PM
 #267

I think the word is being misused here, to be invested in a situation is a valid adjective.  Its in reference to being invested emotionally in an experience rather then coldly performing an action perhaps.

To be have investment in a financial way cannot be applied to gambling on cards or similar.   You are not the owner, you do not receive a yield from an investment.  I think investment in time for an activity can yield results perhaps is a fair use.

I thought for a second this thread was about having some ownership or involvement with the bankroll of a casino perhaps.  That might be a valid reference but I dont even agree with people saying I bought BTC to hold as an investment.

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July 12, 2024, 06:35:58 PM
 #268

You can't call investment as gambling in simple words because if you lose from gambling you will lose money but you will get some money even if you don't make profit from investment. Betting in gambling means you double your money or you lose outright a percentage of your money is gone. But if you do good research and invest good results can come. Moreover, even if there is no profit from the investment your money amount will not be lost completely. I never deliberately try to invest in something that probably won't pay off well in the future.
Gambling could really be only called as an investment on the time or moment that you are the house itself or the owner or simply  you had investing on sites bankroll, because if we do speak about being a gambler or whose the one do plays then it won't really fit out with that word on which it would really be that understandable that you are the ones who do make money on them,well it won't really be that an issue if we do speak about not being mindful about money making with gambling or simply making it as an investment and if do really just that simply try to understand on how things works then you won't really be thinking up this way.

Gambling is for entertainment and this is something that you do really need up to make yourself that realize that investment thing or word doesn't fit out in regards to this.If you do have that kind of approach towards it then you are just that basically putting up yourself on such big trouble.

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July 12, 2024, 07:19:32 PM
 #269

You can't call investment as gambling in simple words because if you lose from gambling you will lose money but you will get some money even if you don't make profit from investment. Betting in gambling means you double your money or you lose outright a percentage of your money is gone. But if you do good research and invest good results can come. Moreover, even if there is no profit from the investment your money amount will not be lost completely. I never deliberately try to invest in something that probably won't pay off well in the future.
Gambling can never be consider as an investment because it is what you can't predict, you can only win gambling as a result of luck.  Considering gambling as investment can be the easiest way of losing money. Gambling what shouldn't be taking serious to generate money because when gambling is seeing as what you want to make income from it is possible to lose all your money. Gambling is a game of fun that is very risky and if one is careful and conscious of it you may later regret playing wrongly.

If you want to enjoy gambling it is better not to have the mindset of generating money from it as source of income or investment because it will definitely run you done.

R


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July 12, 2024, 07:53:30 PM
 #270

You can't call investment as gambling in simple words because if you lose from gambling you will lose money but you will get some money even if you don't make profit from investment. Betting in gambling means you double your money or you lose outright a percentage of your money is gone. But if you do good research and invest good results can come. Moreover, even if there is no profit from the investment your money amount will not be lost completely. I never deliberately try to invest in something that probably won't pay off well in the future.

Have you not heard about people losing all their money when they make the wrong investment. You can invest in importation of goods from another country to yours and if the container gets lost you lose everything unless you have an insurance that covers the shipping. When you buy an altcoin and it rug pull you can lose everything too or be left with nothing. Gambling and investment can not be compared together because they are different. Investing should depend on your research before you decide to invest but some people do not do any research and act like they are gambling when they are investing. Gambling depends on luck but investment can be done  when you follow the right steps to set yourself up for success. There are some investment that you can do in casino that will be paying you as the casinos gets more popular and active in business.

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July 12, 2024, 08:15:23 PM
 #271

Most people know that gambling is a risky business where people invest most of the time they lose their money. Again there are some people who choose this gambling as their entertainment mainly rich people do this. Again many people choose gambling as their place of earning with future thinking plan but most people are unable to earn here. Investing in gambling is most stupid and not wise at all I think most of the time losing money is more than winning. However, no matter how experienced and responsible you are in gambling, if your luck is not good, you are bound to lose. Investing in gambling is risky so unless you are experienced and responsible you can't bet more than the number of bones.
The only successful investors in gambling are the casino owners themselves, others are just supporting their ministries, gamblers are those enriching casino owners, they lose more money to the advantage of the casino.

Those considering gambling as an investment without having shares in the gambling company are just throwing their money into a deep sea and the possibility of gaining it back is very slim. That's why we're advised to gamble responsible and only use amounts we can afford to lose.

R


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Today at 02:29:15 AM
Last edit: Today at 02:39:25 AM by satscraper
 #272


The only successful investors in gambling are the casino owners themselves,

Still, depends on investor. Though casino's business (in general) is  lucrative one some owners might bleed cash especially  if their casino were at the wrong place or  crossed the local gang's path, Even online business may turn into lossmaking adventure at  unfortunate occurrence, let's say DDoS, internal/external  hacking etc..

Even the top-ranked casinos may  go into liquidation. Here is the story of 7 famous casino that failed after all.

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Today at 02:36:16 AM
 #273


~~~~~~~~~~~~

This is my exploit and diverse in gambling of chasing profits.

First, you need to know what is moral or not, far beyond legality.

There is often a very fine line between what can or cannot be done within the law, but if you ask yourself: "is this moral" you will certainly get the answer to know whether what you are doing is good or bad.

That said, I ask that you do not do anything that could harm other people for your own benefit/profit. This is much worse than those cases of addicted people who sell and destroy their entire family in search of ways to support gambling.

But, answering whether gambling is an investment... it depends:

If you play professionally, own a casino, or are a promoter or have another profession related to gambling, then this can be an investment.

But if you are a gambler, then it is a hobby/entertainment.

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Today at 04:48:39 AM
 #274

First, you need to know what is moral or not, far beyond legality.

There is often a very fine line between what can or cannot be done within the law, but if you ask yourself: "is this moral" you will certainly get the answer to know whether what you are doing is good or bad.
Well, some people do not ask themselves because they just cannot be bothered to know as long as they are earning good money. It doesn't matter if it is morally correct or morally wrong to some people.
Quote
But, answering whether gambling is an investment... it depends:

If you play professionally, own a casino, or are a promoter or have another profession related to gambling, then this can be an investment.

But if you are a gambler, then it is a hobby/entertainment.
Agreed. Setting a gambling casino is not exactly a gamble but more of a business investment. Playing bets is different from a managing a business. A business is a lot more complicated than just playing your money.

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Today at 07:14:32 AM
 #275

Gambling is all about self-reliance and experience. If you gamble without becoming an addict, chances of winning at gambling are definitely higher. People who enter gambling to make money lose more money mainly because their mental strength is weakened. 
And after a gambler loses money, he becomes more despondent, and becomes more addicted to gambling to make money and recover lost money. As a result, that gambler loses the most money, so I think that if you focus on these things, you will definitely be able to get rid of the losses.

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Today at 07:56:52 AM
 #276

Gambling is all about self-reliance and experience. If you gamble without becoming an addict, chances of winning at gambling are definitely higher. People who enter gambling to make money lose more money mainly because their mental strength is weakened. 
And after a gambler loses money, he becomes more despondent, and becomes more addicted to gambling to make money and recover lost money. As a result, that gambler loses the most money, so I think that if you focus on these things, you will definitely be able to get rid of the losses.
In gambling, you don't have to have too high hopes of winning because hoping to win will be much more difficult than losing in the end. So don't expect too much from gambling, even though it is not wrong to hope for it, it would be much better if we could enjoy gambling while we are playing and betting. Even though we have to lose in the end, we also get enjoyment because spending money by being able to enjoy it through gambling will be much better than having high hopes for it.

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Today at 10:15:12 AM
 #277

There are casinos that offer legitimate investment on their platforms for their bankroll that allow you to earn, one of which is with bustadice. I haven't gone through with them for how many years it's one of the most profitable investments in gambling.

Blackjack.fun I think has also its way of attracting investors to their platforms. Those platforms that are obviously offering a too good to be true investments, you need to avoid them.

We're all grown ups to understand what's realistic and a fairy tale type of investment.

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Today at 11:10:02 AM
 #278

You can't call investment as gambling in simple words because if you lose from gambling you will lose money but you will get some money even if you don't make profit from investment. Betting in gambling means you double your money or you lose outright a percentage of your money is gone. But if you do good research and invest good results can come. Moreover, even if there is no profit from the investment your money amount will not be lost completely. I never deliberately try to invest in something that probably won't pay off well in the future.

Exactly, I don't classify gambling as any means of investment. Just as you say gambling is like a means of one doubling his money which comes with risk of one winning or losing. But gambling doesn't actually means that one will always lose all his money , the money that's always at risk in gambling is the money that's being staked. So is only a irresponsible gambling that will always go all in. With his hard earn funds. Due to greed of wanting to hit a huge jackpot, but still gambling is not an investment so whenever stake your money be ready for anything, either you win or you lose.

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Today at 11:51:24 AM
 #279

The only successful investors in gambling are the casino owners themselves, others are just supporting their ministries, gamblers are those enriching casino owners, they lose more money to the advantage of the casino.

Those considering gambling as an investment without having shares in the gambling company are just throwing their money into a deep sea and the possibility of gaining it back is very slim. That's why we're advised to gamble responsible and only use amounts we can afford to lose.
That's true because the casino owners can takes a big profit from the lose gambler so that will increase their profit day by day. We as gamblers can't gets a big profit or makes money from casino because we are not the casino owner. If you wants to invest in casino, you needs to make sure that the casino can gives you the profit but we should knows that the profit can't be too big.

We must considering that gambling is not an investment but we search for fun from playing gambling. Although we can invest in the casino, we must be careful because not many casino can share their profit to other people who becomes their members. Yes, we must be responsible with our gambling activities and only used the money we can afford to lose. We must take care of ourselves in gambling so we don't have to gets the big lose.

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Today at 12:28:24 PM
 #280

Gambling is all about self-reliance and experience. If you gamble without becoming an addict, chances of winning at gambling are definitely higher.

No, your chances of winning don't increase if you are not addicted to gambling, it only reduces your chances of losing more and these two are different things altogether. When you have fewer chances of losing more, it means that your losses will be minimal, and this is what happens when you are not addicted to gambling.

Your chances of winning increase only if you have more luck if we are talking about gambling games because most of the gambling games rely on luck and anything else is barely a requirement for one to win.

If we talk about other spheres of gambling such as sports betting, there you can use your knowledge and experience for higher chances of winning, but that isn't the case with gambling games or lotteries, etc.  Smiley

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